The Fair Share Report

7 Raspberry Ln

Washington, NJ 07853

The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.

Step 1 · Market value

≈ $706,831

Likely range $668,270 – $763,634, from 12 comparable Washington sales in the past 18 months, at this home's 2,530 sq ft.

Step 2 · The Director's Ratio

68.81%

The state's official measure of how far Washington assessments sit below market value — republished every October, applied town-wide. A $706,831 home should be assessed near $486,370.

Step 3 · Assessed value

$499,000

Set at the last town-wide revaluation and mostly frozen since. That's $12,630 above what the ratio math suggests (2.6%).

Step 4 · The tax rate — same for every Washington home

$3.003 per $100 assessed

$2.143 Schools · 71% $0.320 County · 11% $0.541 Town · 18%

Step 5 · The bill

$14,985/yr
Public schools$10,690
Morris County$1,596
Town of Washington$2,699
Washington average$13,292

This home vs. every recent Washington sale · assessed ÷ market

Town median 60.2%
This home · 70.6%

46%85%

Paying about right

This home's ratio lands inside Washington's normal band. The drift hasn't singled it out — no case for a tax appeal.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
30 WELSH FARM RD2026-01$851,0002,89764.7%
12 HERON DR2025-10$725,0002,40260.2%
11 CANDOUR CT2025-08$775,0002,77460.6%
BARTLEY RD2026-06$730,0002,31580.2%
2401 DECATUR CT2026-04$560,0002,19255.8%
158 FAIRVIEW AVE2025-01$675,0002,46452.1%
91 SPRING LN2025-06$690,9862,61668.6%
16 KNOB HILL RD2025-11$568,6002,56866.5%
6 BEAVER BROOK DR2025-01$670,0002,53270.8%
66 KNOB HILL RD2025-05$650,0002,65656.4%
3 STONY BROOK RD2025-08$805,0002,49060.0%
91 W VALLEY BROOK RD2025-01$727,0002,34862.6%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →